Yes Miyamoto is still wanting this game as seen in the link below :D 

http://ds.ign.com/articles/122/1222868p1.html 



For the fans of over the top view Zelda games like myself, Miyamoto has been calling for this game for over a year now.  This does not seem like it's just a rumor as he has said this multiple times now, even when the 3DS was first released he commented on this. A Link to the Past a long with, Oracle of Ages/Seasons, and the Minish Cap are my three favorite Zelda games so this is great news for me.  What do you all think.

Sorry, didnt know. all I keep seeing on this website is rumors of PS4 and WiiU

great news ! Great zelda series! Great nintendo ,rule the World

i am a big nintendo fan and mario and link but i have never played ages/season.

Are they really so good?

Yes they were amazing.  It is probably my favorite out of all of them

Screw the 3DS, I want this game on the Wii-U Tablet.

lol why the WiiU instead of 3DS?  Just wondering

I thought it was confirmed that the new Zelda 3DS game would be more similar to the console games...

http://www.zeldawiki.org/Zelda_3DS

Still, maybe this means there will be 3 Zelda subseries now? 2D ala Link to the Past and the DS games, 3D ala Ocarina throguh Twilight Princess, 3D Motion-based ala Skyward Sword?

The Wii-U will be much more powerful than the 3DS, and it'll sport a way bigger tablet screen. I would rather have that than a weaker and much smaller two screens.

I don't believe anything has been confirmed yet.  I would like to see one that looks like Skyward Sword artistically to be honest, but any Zelda for me would be nice as long as it's not a remake again haha